VDOT considers I-95 toll options
PETERSBURG – Tolls are coming to Interstate 95, according to Ryan Kelly with the Virginia Department of Transportation. He told City Council that tolls are just one part of a formula to help pay for necessary maintenance and upgrades to Interstate 95 that are estimated to cost $12.1 billion over the next 25 years. Kelly […]
Witnesses Detail Dramatic Costs, Minimal Benefits of New EPA Rules and Regulations
Washington DC – The Subcommittee on Energy and Environment today held a hearing to examine the process used by the White House Office of Information and Regulatory Affairs (OIRA) and the Environmental Protection Agency (EPA) in evaluating the costs and benefits of federal environmental regulations, including the recently announced Carbon Pollution Standard for New Power […]
Virginia’s Transportation Challenges
This past General Assembly Session, the McDonnell Administration continued its efforts to address Virginia’s transportation challenges. Governor McDonnell and Virginia’s transportation agencies submitted 28 pieces of legislation for consideration, 26 of which passed and will be signed into law. Among these pieces of legislation were steps to reform the governance and operations of our transportation […]
Virginia seeks input on public-private partnerships to fund transportation projects
RICHMOND, Va. — Virginia is seeking public comment on using private-public partnerships to fund transportation projects throughout the state. Gov. Bob. McDonnell’s office on Tuesday announced nearly two dozen projects that are up for discussion as viable for public-private partnerships. The Daily Press reports (http://bit.ly/MzMT4K) that the Office of Transportation Public-Private Partnerships will be taking […]
Dire CBO report projects US debt will be double GDP by 2037
U.S. debt is on track to be nearly twice the size of the U.S. economy by 2037, the nonpartisan Congressional Budget Office (CBO) warned Tuesday. The new CBO report states that increased entitlement spending driven by the retirement of the baby boomers and insufficient revenue is making the long-term outlook for the national debt increasingly […]
